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and prepared them for use in aerial bombs. these reports suggests that assad's forces are waiting for orders. if true, these reports may mean that the united states and our allies are facing the prospect of use of weapons of mass destruction in syria and this may be the last warning we get. time for talking about what to do may now be coming to a close and we may be left with an awful and very difficult decision. whether to continue on the said lines and hope that a man who has slaughtered nearly 40,000 men, women and children in syria will decide not to take the next step and use far more destructive weapons to kill significantly larger numbers of people, whether to take military action of some kind that could prevent a mass atrocity. if that is the choice we now face, it is a grave and sobering decision and would put the starkest expression on the failure of the administration's policy towards syria. savage and unfair fight, this raged now for nearly two years. the longer this conflict has gone, the worse it has gotten. all of those who argued for non intervention because of the things tha
>> barack obama calls for compromise as the u.s. approaches the brink of another economic crisis. in a rare appearance on a u.s. talk show he appealed to congress to make a deal to avoid tipping the country into recession. you're watching al-jazeera live from london. also coming up, 21 policemen are buried in pakistan after being kidnap and shot by the taliban. anger and grief in india. candlelit vigils continue as the 22-year-old gang rape victim is cremated. plus moments of impact -- amateur video captures a russian plane after it overshoots a runway and crashes into a motorway. hello, president obama has made another appeal to the u.s. congress to reach an agreement in the next 48 hours to avoid the so-called fiscal cliff. it's a term used to describe the expiry of tax cuts dating back to 2001. if there is no deal, 88% of americans will end up paying $400 billion more in 2014. that will be coupled with more than a trillion dollars in automatic government spending cuts. according to the congressional budget office it will start with $200 billion in military and social welfare c
u.s. spending for defense at $699 billion. >> we can reduce that by well over a $100 billion a year. >> the range of new threats include cyber threats, bio threats, and a host of non-state actors. >> how do you do all of this on the budgets we have for the armed forces given the debt situation we have in our own country? >> that's going to be, i think, in many ways the biggest debate within the military, if not, in society at large. (instrumental music) >> in a democracy agreement is not essential, but participation is. >> never before in our history have we been so inter-connected with the rest of the world. >> foreign policy is actually not foreign. >> america has faced great hardship before and each time we have risen to the challenge. >> the ultimate test is to move our society from where it is to where it has never been. >> join us as we explore today's most critical global issues. join us for great decisions. (instrumental music) >> great decisions is produced by the foreign policy association, inspiring america's to learn more about the world. sponsorship of great decisions i
on the first part of that. >> democracy now! questions u.s. climate negotiator jonathan pershing about criticism of the failure to do more to cut emissions and save the planet from catastrophic climate change. we will speak with ronny jumeau and martin khor of the south centre in malaysia, and then anjali appadurai. >> you have been negotiating my whole life, you have failed to meet targets and a broken promises. >> a year after calling on world figures to do more to save the planet, the 22-year-old american college student was banned from the climate talks here in doha for the first week. she joins us today h. then we look at how the koch brothers are influencing climate policy.politic this is democracy now!, democracynow.org, the war and peace report. i'm amy goodman. the death toll from a massive typhoon in the southern philippines has doubled to more than 270 people. typhoon bopha is the most southerly typhoon ever recorded in the western pacific and the strongest to hit the philippines this year. 80,000 people have been forced to flee their homes. we will have more from doha after
today in what could be the last chance to come talk before the u.s. falls off the fiscal cliff next week. >>> investors are bracing for the final eurozone bond sale of the year. italy will sell up to 6 billion later today. >> and the yen has been sent lower and stocks to their highest level in 21 months. >>> this is the final "worldwide exchange" from london of the year. louisa is here for it. >> i can't believe it. it's my last working day of the year, as well. >> is it? >> yes. >> unfortunately we'll still be talking about the same thing we're talking about now. >> although i feel we'll be talking more debt ceiling, as well. >> and speaking of which, president obama is trying a last ditch effort to restart budget talks days before the u.s. goes over the fiscal cliff. speaker john boehner has called the house back into session sunday evening. house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell s
are not in a position to be held hostage by anybody. it also focuses on find more and use less. what we can do in the federal government is i think invest in research and getting a 500-mile battery for electric cars and getting solar energy that is 1 kilowatt installed and finding a way to capture carbon from coal plants that can be turned into fuel that is commercially sold. we should look at the model of unconventional gas in terms of how our system and federal research and our system of private properties have produced a situation where we have a massive advantage over europe and asia in terms of our natural gas. it creates a better economy and that reduces the debt. >> there is a headline predicting we will be producing more oil than saudi arabia beginning in 2020. this is something almost on imagined 10 years ago. -- unimagined 10 years ago. what is the role of the federal government? >> to do things that encouraged the results. to follow up on the fiscal cliff. you can solve this fiscal problem if you grow our role to position relative to everybody else's. a big problem is the percentage
three weeks left before the u.s. goes over the fiscal cliff. >>> italian shares are down nearly 3% this morning. for the most part, it is bank stocks leading the way down. we're now down about 2.76% on the ftse mib. bank stocks have been hit particularly hard this morning. earlier, we saw shares down 5.6%. we're seeing the same thing, whether it's bmps hitting session lows down nearly 6% comes amid concerns about leadership and economic reform in italy following mario monte's announcement that he'll resign once the budget has been passed. this move is likely to bring the country forward to elections next year. the italian prime minister has offered no clue as to whether or not he will run and it comes after sylvia berlusconi declared over the weekend he would throw his hat in the ring for the job of premier. carolyn ross is in italy following the details there. can you walk us through the time frame here? when are we expected monte to step down? what happens next? >> good morning to you, kelly. here is the time frame for you. over the next few weeks, we're expecting the budget sta
career. police have used water cannons and tear gas to disperse crowds. people have been voicing anger over the gang rape of a 22-year- old woman. protesters are demanding the death penalty for those accused of the rape as well as better protection for women in india. let's get the latest from new delhi. what is happening now? >> the protesters are very upset. they have been going to protest against the gang rape. they are saying groups with political ambitions have taken over. that is what caused the costs. there has been police retaliation with teargas and water cannons. the situation is very tense. >> what about the prospect for the trial itself? i imagine the public outcry will put some pressure on the process of justice. >> justice is so delayed. these people want some kind of justice. hopefully this will bring some form of justice. the conviction rate for rape cases is very low, around 26%. these people want a speedy trial for this particular case as well as other cases. there are 40,000 rape cases pending in the court. they are saying it is not good enough. >> an awful attack ha
of the third age on the silver screen. >> hello, thanks for being with us. russian president putin has signed a bill which bans americans from adopting russian children. the controversial move is said to be part of russia's retaliation against an american law that puts sanctions on officials suspected of human rights violations. some senior government officials in moscow have spoken out against that law, but supporters argue the ban's necessary, because some adopted children have faced abuse by american families. joining me from moscow now is steve rosenberg. steve, you said he'd do it, he's done it. >> that's right, david. there's been one question that has dominated political life in moscow the last few days and that is will he or won't he? will president putin sign what is one of the most controversial laws he's been face with. yesterday he indicated he probably would and today he signed it. as you mentioned it has been very controversial because a number of ministers in his own government, including the russian foreign minister have publicly criticized the law and president putin's critic
on, pressure on the price of oil, indisexposeble incomes and henry joins us now. 2013, what does pressure on the price of oil mean? >> downward, i think. i think what we see is some significant nonopec finds. we see falling u.s. demand, rising supply. we see miles driven. there's technology at play. probably the biggest thing that could happen to the auto industry and we can come on to that. that's only a few years out. the message from the futures market that we're get sg oil should be some $10 to $15 lower. if we were to get $10 off the oil price, it broadly equate toes about 1% gdp surprising the western world. it's that time of year where we're pending our thoughts to next year. tangible, economic prices to next year. it will be oil related, a chance, good job with raising the tax threshold in the uk. that means for the first year in five. uk link will be up, not down. and them i also think thattory thing our chancellor did a good job of was she raised taxes by 10 so companies can invest a 215 pounds, not just 200 pounds. >> that's a leverage the other governments have been t
announcer ] with stamps.com, you can print real u.s. stage for all your letters and packages. it gives you the exact amount of postage youeed the instant you ne it. can you print only stas? no. first class. priority mai certified. international. and the mailman picks it up. i don't leave the shop anymore. [ male announcer ] get a 4-week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. >> monday, december 3rd he and hold on to your wallet. the tax man is coming and he wants to tax everything. there's a long list of everything where the left wants to raise the tax take as of now, monday morning, centers on tax hikes, not spending cuts and certainly not entitlement reform. first to secretary geithner to him and the president, it's all about pushing the republicans to accept tax hikes. >> you know, i can't promise that. that's a decision that lies in the hands of republicans that are now opposing increase in tax rates. if they recognize the reality that we can't afford to extend those tax rates then we have the basis f
it is not. america is the oldest country in the modern world. because the american constitution provided us with a template for classless democracy. not the america that she did but certainly that was the ideological template around it. india is important, 1947, because india is the oldest nation and the postcolonial world. and the indian constitution similarly creates an ideological template for democracy. but with the emergence of india also emerged china, and china had a different template. again, not getting into what is right and what is wrong, but these are alternative -- how to run your nation and postcolonial society. and very interesting we received in comparison to parties, won the congress and the chinese communist party. actually became the dominant force in the post-independent state. one advocate would have to be -- because both emerge from ravaged economically driven set of needs. the congress offered soft left. the chinese offered hard left, or autocratic left. a long story, both had -- >> you said long story shorter i want to get to the short part. spent discussing it with
a lot of growth in 1999 from 2000, and that led us to a recession. we're looking at the same thing now. we're seeing people have accelerated dividends, pre-payments, seeing a lot of companies that single proprietors are paying themselves this year in anticipation of higher rates. >> it's interesting that you point that out. it could be argued at the same time that we're delaying growth until next year because of the number of companies that have delayed hiring or capital expenditures because of the uncertainty about the fiscal cliff. >> yeah. well, uncertainty, unfortunately, is perhaps going to continue with this because the regulations are not going to go away there. may be a little bit more clarity but we're still writing up the regs on dodd/frank and looking at the health care thing. that won't be resolved in the first quarter. >> taking a cautious attitude. >> we think this is probably good. the numbers won't manifest themselves until the first quarter, but i think there's a lot of acceleration this year. the bonus depreciation is going to go away so there's been heavy capital spe
next month. >> luca, stay with us. we want to bring you major news out of neighboring korea. south korea has chosen its first ever female president. cheri kay has all the news. how significant is the election of miss park? >> well, i mean, she's really made history, set to become south korea's first woman president. it was a very tight race, a very polarized election with park winning 51.5% of the votes. but in the end, south korea made a choice that means more hope of economic recovery. scenes of joy as the v in south korea's presidential poll. >> this election is your victory. this is a victory brought by the people's hope for overcoming crisis and economic recovery 37. >> the daughter of a former military leader will take office next year as the country's first female president, challenging syria types in a country traditionally ruled by men in suits. she will be tasked with getting the slowing economy back on track at a time when growth rates have risen to a meager 2% now. but she will need to do it in a way that appeases young voters who are calling for more balanced income di
us for more is alan capp, head of credit straebtegyt lloyds. alan, let's get your reaction. the number is going in the right direction. does it make much of a difference? >> right now the equity markets have had a great run. they're looking a bit overstretched. so i'm strul link to see how financial markets will respond positively to this. i think we need something bell to repel us forward. >> what do these numbers translate into in your forecast? >> what these are suggesting to us is manufacturing will not be able to support any growth in the eurozone, so it suggests that the downturn in gdp is likely to continue into fourth quarter, remain in recession and that's obviously a struggle on global growth, as well. >> and we stay in recession in the first quarter? we're now in december. >> there are some signs particularly the china pmi numbers and what we've seen from gdp recently that maybe some of the markets key to u.s. exporters may be showing signs of stabilizing, maybe get to growth. so that might mean moderation in the eurozone might ease in the first quarter. but agai
>>> that's it for us. >>> that's it for us. thanks for watching. "early start" begins now. >>> without warning, a surprise tornado strikes in the middle of a series of severe storms throughout the southeast. >>> plus, secret sabotage. police want to know who's behind the pipe bombs found attached to the gas tank of a large truck. >>> mum's the word on the air force's secret space plan set to blast off today. secret but we have some details. >> we know all about it. >> good that's right. good morning and welcome to "early start," everyone, i'm john berman. >> and i'm zoraida sambolin. tuesday, december 11th, 5:00 a.m. in the east. we begin this morning in the south where more storms are expected today. this after residents are left cleaning up from the aftermath of yesterday's storms. the rain was so intense. take a look at what happened to the home of one man, this is birmingham, alabama as he was being interviewed by a local tv reporter. >> we had dogs. he was in the cage. oh, my god. oh, my god. oh, my god. you all okay? you all okay? you all all right? >> look at that,
stability and security of the asia-pacific as we protect u.s. national interest. and, of course, the keys to success will be innovative access agreements, greatly increased exercises, rotational presence increases, efficient force posture initiatives that will maximize the dollars that we are given to stand. and it also is by putting our most capable forces forward, as was her newest most advanced equipment to ensure we effectively operate with our allies and partners across a wide range of operations as we work together for peace and stability. i was asked to keep these opening remarks at little shorter than the last time, so i can get to your questions. so i'd like to finish up with a couple of thoughts. the rebalanced is based on a strategy of collaboration and cooperation. thought containment. and that the united states is a pacific power that will remain a pacific power, and we at pacom look forward to doing our part to keep asia is difficult full, peaceful and secure for decades to come. thank you. >> will take our first question writer spent admiral, thank you for meeting
-- >> in the u.s., president obama makes a last ditch attempt to find a budget compromise. >> in the angry and protests in the streets of regain rate. doctors warn the victim's condition is getting worse. >> and running the sydney yacht race for a sixth time. >> within the next hour, president barack obama is set to meet with top republicans to discuss the nation's looming fiscal clit. white house aides have indicated that obama will discuss measures for avoiding the rest of the automatic spending cuts and tax hikes that will bite if lawmakers fail to come up with a plan. >> pessimism remains the prevailing mood in washington as the january deadline rapidly approaches. neither democrats nor republicans have any new proposals for a workable compromise. >> the starbucks coffee chain has urged its workers in washington, d.c., area to write "come together" on the cups, a plea for party leaders to work out a compromise, but some customers say that is not enough. >> i mean, i like with starbucks is riding on the cups. i wish they would write, like, something else, like "republicans, stop being s
the other lesson learned for us is to look beyond the tactical level of training that's provided by the department of defense to consider what ways we might also engage in terms of institutional development with the defense institutions and that's something in the last several years where we are ramping up in the department of the ability to provide advisers and other types of institutional reform engagement with various military partners to ensure that just as we are looking at strengthening of the tactical level we are also focusing on the institutional strength of these defense institutions. >> ms. dory can we afford to wait a year for planning, training, assembly of a regional force for the completion of negotiations for the successful election in some press accounts aqim is described as this point the best funded and best equipped most potentially lethal affiliate in the world and those accounts are overblown but the suggestion is we should have an area the size of texas controlled by terrorists engaged in drug trafficking and kidnappings that have had an inflow of some soph
is the negotiators are probably going to use a baseline that is different from the congressional budget office and senator warner talks about getting savings from the tax rates going up on what the americans. as i understand, it is already built into the cbo baseline. so, in terms of getting to that four to 6 trillion-dollar how much are we talking a lot in terms of real savings and in terms of tax increases, and how much are we talking about in terms of coming you know, just a redefined baseline? and then in the other question is can you give us an idea in terms of framework we are likely to see at the end of the year are we just going to see a bunch of top line number $800 billion with some sort of trigger or are we going to see the details, and if we see a bunch of top line numbers, how long does it take to get to feeling that an and drafting the legislation to get it through the congress? >> i would like to answer the second question. >> there is an old adage that says you don't learn a lot on the second kick in the shin from a mule. we've down this road of process. we have 12 fighting hig
growth. many believe the fundamental reform of our tax code will help us get our economy moving faster and put more americans back to work. and more americans on the tax rolls. how we get there, god only knows. >> president obama doesn't see it that way. >> at some point there's got to be i think a recognition on the part of my republican friends, that you know, take the deal. you know, they will be able to claim that they have worked with me over the last two years. to reduce the deficit more than any other deficit reduction package. >> mohammed aladarin is the ceo of pimco and mark zandy is a chief moist at moody's analytics and joining me in studio is christine romans. the gdp for the u.s. grew at 3.1% over the summer. that's more than double the rate of the previous quarter. you can see the chart, it's been choppy, but it looks like we're going in the right direction. america's economy is gaining pace, doing better than expected. and we've been saying the 2013 could be the year of a real economic renaissance in the united states or at least the beginning of one. talk to me about th
. many of us believe on both sides of the aisle the fundamental reform of our tax code will help us get your economy moving faster and put more americans back to work. how we get there god only knows. >> president obama doesn't see it that way. >> at some point there's got to be i think a recognition on the part of my republican friends th that, you know, take the deal. they will be able to claim that they have worked with me over the last two years to reduce the deficit more than any other deficit reduction package. >> the ceo of pimco, one of the world's largest investors in bonds. mark standee is chief investor at moody's. and christine romans, host of "your bottom line." gdp, the broadest measure of the economy grew at an annual rate of 3.1% over the summer. we just got those numbers this week. that's more than double the rate of previous quarter. you can see the chart there. it's been choppy but looks like we're going in the right direction. america's economy is gaining pace, doing better than expected. we've been saying that 2013 could be the year of a real economic renaissance in
to send us something. he couldn't even pass it among the republicans it was so absurd. he meaning the speaker. so it's very clear now mr. president that the speaker's number one goal is to get elected speaker on january 3. >> reporter: january 3 is the deadline for the new congress to start work. if a fiscal cliff fix isn't passed by then, the start of a new congress will likely delay matters even more. which is why the focus now is on reaching a nano-deal. >> the minimal that they can put together to avoid the fiscal cliff which will have sadly almost no impact on the long- term debt trajectory, but right now, neither markets nor the congress care about that. >> reporter: congress has never been terrific at long-range planning, but now the definition of long range seems to be 48 hours. >> you don't hear people talking, well a year from now, we really need to be here. you hear, well we need to do that this week. we need to do that day after tomorrow. this short-time frame horizon is new and i think people who think we are going to have tax reform and entitlement reform next year a
with all designated persons connected to the iranian government. it bans trade and commodities used, it is designed to stop iran from busting sanctions by receiving payment in gold or using oil payments in local currency to buy gold. we have got to stop an effort to water down these sanctions. i say that because i remember the votes in the past, i remember our effort on the central bank. it was only because we got unanimous votes because we got so much sport that we were able to deploy those. let me add there's another portion of the amendments here that targets the regime for their human rights abuses and i think one of the areas where we have really been short, for those of you who talked to those who have been in the prisons, who have experienced the torture, seen the murder, experience the rapes, those are routine. iranian officials are involved in that activity but also in massive corruption preventing humanitarian assistance, food and medicine from reaching the iranian people, they are the beneficiaries of some of this and this new amendment would authorize the administration
they are investing from pre-k through college. there will have more in china and any of them the entire u.s. work force. we're focused on a global economy. those from harvard are competing globally with students from china, germany, brazil. tavis that transform the way we think about education? do you think your role as straining american leaders? are you looking at attracting global leaders? >> there are so many questions. let me address a few of them. there are numerous kind of statistics that we have a preeminence of college graduates in our populations and levels of participation. we are losing this. we have once last three of the world's college graduates. that is an interesting illustration of a shift in the dynamism. i see this when i travel. a huge commitment to public resources. huge energy to enthusiasm of higher education. india wants 1500 new universities by 2020. alicia's in a meeting about hong kong this week. i learned that hong kong university is expanding undergraduate education from three years to four years because they think it is not giving students enough time. there are all
>>> the formalitier government is accused of being sent rick. >> massive write-downs n u.s. and brazil while warning over a week's global recovery. >>> and hsbc agreed to settle money laundering charges, paying a record $1.9 billion fine. >>> and we're getting the bumping out here today, not only because it's christmas, but -- >> because james ferguson is here. >> and we are finally in the same place at the same time. ♪ reunited and it feels so good ♪ >> there we go. >> my apologies to everyone for that. >> how about that voice? i feel a christmas sing along coming on at some point. >> it's the holt day spirit. >> it is. >> also, we are outside the u.s. senate. we're going to see just how much progress has been made or how little progress between the president and congress on the fiscal cliff situation. >>> and we'll find out just how much the european debt crisis has affected tourist's willingness to travel to southern europe. >> and then south korea's presidential election, yes, it's not just japan, and what to expect from the winner. >>> let's just plug you into wher
on the reaction to these figures, we have rob doddson with us. rob, welcome. it appears ta stronger services may be weaker on the manufacturing relative to expectations, at least, but the message broadly is still contraction. >> that's the case. we're seeing the pmi indexes track a bit higher over the last few months. so nothing spectacular there. but this does raise hopes that maybe we could see growth coming into the first quarter. the eu, banking -- things like nap but, again, still down. >> not great news for france if we start to look at some of the indexes. there's a lot of focus on this economy. >> exactly. and the weakest spots, given that it's the second largest economy. now, we did see that return to growth for germany, which is a positive and will be a good gain forward. but say order box, very weak. demand, very weak. business confidence very weak and this is going to be hitting activity indicators going forward. >> even though the manufacturing side of it disappointed, the services was stronger. while services is a big part of the economy, it's where we're trying to see the rebalanc
of our u.s. voouers to find cnbc world because they could get three hours of you, carol and carolin for the rest of the week. >> whatever they can do. record it and fast forward to the good bits. >> yeah. >> it will be 2:00, 3:00 in the morning or whatever. >>> on today's show, plenty to come on. >> yes. the south american union faces ejection from the imf for allegedly cooking its books about the innation rate. we'll head out to europe where the swiss banking giants could be facing $1.6 billion over libor rate rigging allegations. >> and we'll be on the floor in beijing where china's leaders just wrapped up a major conference. >>> and japan's prime minister election is calling on the bank of japan to heed the call of the masses. abe is beating the heat on the boj just one day after his party's huge win and two days after the bank's next rate setting meeting. kaori enjoji has the latest for us. how much of a game changer is all this? >> this is a serious game changer. it's a comeback for the dlp and shinzo abe. he has made it clear that the economy and economic recovery is going to
for you. >>> the u.s. is set to go over the fiscal cliff in five days. that means taxes will go up for nearly every american. dramatic spending cuts will kick in. president obama and congress will be back from vacation tomorrow. but will anything get done? >>> plus, wild winter weather sweeping through the country. we'll bring you the latest details on which part of the u.s. could be hit next. cnbc's "worldwide exchange" starts now. >>> and welcome to a special edition of reside worldwide. ross andcle reoff today for boxes day in -- kelly are off today for boxing day. for now, you is us. >> we'll start with a brief check on the markets. energy and metals are trading higher now, wtis up about 55 cents. brent crude up 65 cents. also want to check in on the gold price, as well. gold right now down about slightly under the flat line there, 1,-658. well below the 1,700 mark. the cme globex has been closed for christmas. it's going to reopen at 6:00 a.m. eastern time. that goes for treasuries and the foreign exchange market, as well. >> as for action in the overseas markets, the u.k. is
.com/sotu for extras. for all of us at state of the union, again, we want to wish you a merry christmas and happy holiday season. fareed zakaria "gps" is next for our viewers here in the united states. >>> this is "gps" the global public square. welcome to all of you in the united states and around the world. i'm fareed zakaria. on the show today, we'll move past the fiscal cliff and talk about the real challenges to the economy. i will talk to the chief economic adviser of the romney campaign and president obama's former budget czar peter orzack, among others. >>> also, let me tell you about the biggest success story in latin america. it's not brazil. much closer to home. then, as the world watches the arab world struggle with democracy, we'll take a look at the problem from an unusual perspective, upside down. how does a country turn away from democracy as eastern europe did 50 years ago? i talked to pulitzer prize winning historian anne happalbaum. >>> the administration had a choice save chrysler by injecting taxpayer dollars or let it fail and let it lose perhaps a million jobs. car czar ste
as well. europe and the u.s. until recently liked to think these dark times were in the past and religious violence was somewhere else, in societies more allegedly primitive, less characterized by heritage of christian values. today we have many reasons to doubt that. our situation calls urgently for critical self examination as we try to uncover the roots of ugly fears and suspicions that currently disfigure all western democracies. in april of 2011 a lot affect in france according to which it is illegal to cover the face in any public space from march to marketplaces to shops, although the law does not mention the word women, muslim, bertha or bail it was introduced by president nicolas sarkozy and a ban on muslim veiling which according to him imprisons women and threatens french values of dignity and equality. the new law makes illegal the barca but france is the first country to enact a full ban on the burke that in public space similar restrictions of being considered all over europe and many countries in regions that adopted some type. on april 28, 2011, the chamber of representativ
are facing now a possible theory of stearate using chemical weapons. they should've been abolished five or 10 years ago if the treaty had been enforced. so it seems to me, go for abolition of these weapons with good, thorough verification. i worked with inf despite the fact that two or three years before we got it, but that would be acceptable. >> rick, your turn. >> as the chairman of the global stearate u.s.a., i have to agree with jack. i won't expound on that. you know, there was no way when i was deeply involved in the issue in the early 80s that i could've foreseen gorbachev. nor could i foreseen the treaty. the zero option when it was propounded was preposterous. i post it. so did the secretary of state. reviewed this and i guess this is the lesson. we view this is largely a challenge and an opportunity and strengthen the alliance. we saw ourselves under threat. the doublecheck decision on deployment of the missiles was part of a broader political military exercise to strengthen the alliance to deal with whatever the next challenge we would face from the soviet union. what i have to sa
in the u.s. which seems to be stabilizing, looking this also at the housing market. so business sentiment better than expected. it is rising. the current conditions a little weaker than expected. add to that the financial analyst numbers we had as of late, also better than expected. not too bad. >> patricia, we'll see you again next hour. thank you very much for following all the latest there. >> sure. >>> now, shares in ubs have edged up in early trade after the bank announced a major settlement with u.s., u.k., and swiss regulators over its role in the libor fixing scandal. with more we'll look at the story with carolyn roth with us on set. i guess we're expecting a settlement, expecting something big. what have we learned today? >> well, first of all, i mean, the market reaction -- ubs up by 1%, can you believe that? what barclays was hit with $450 million fine, i mean, we saw a big hit in barclays' share price. this fine is three time the amount that barclays was fined. $1.5 billion or $1.4 billion swiss>>frank: francs. this is on the libor manipulation charges. ubs must pay swiss reg
is for the first time really being called out as a problem. >> dysfunction in the u.s. health-care industry. dr. marty makary on what hospitals will not tell you, tonight it 10:00 -- at 10:00. >> the supreme court will look at what happened in 2008, and they will say that this precedent. and indiana had -- >> when we talk about the facts, they decided on the indiana case it was constitutional for them to establish i.d. states who have subsequently -- >> correct, they talked about indiana -- let me finish because you misrepresented what i said. the supreme court is the law of the land. >> when i hear these accusations that black people -- voter i.d. laws disproportionately affect minorities -- it seems to me somehow we have something missing in our brain. to me, if white americans can go throughto voting all the processes to follow the laws, what are you telling black people? that somehow they are not good enough? that is what bothers me about a lot of the rhetoric coming from democrats and the left, that we always have to make special -- you know, there has to be a specialness when we deal with
to 2030. they say the u.s. won't be the world's only superpower. the council says china will pass the u.s. economically a few years before 2030. the council's analysts say the u.s. will remain unrivaled in its ability to orchestrate all aspects of power including the military it the analysts say the japanese economy will gradually shrink as the population ages and the labor force contracts. they say japan will retain fourth place in terms of overall power, trailing only the u.s., china and india. the council experts say asian countries such as india and indonesia are likely to boost their military power. but they warn of an arms race in asia. if the u.s. scales back its military commitment in the region. they say some tionmay begin developing nuclear weapons. new car sales are fueling china's economy. sales grew 8.2% in november from the same time last year. officials say nearly 1.8 million units were sold last month. japanese firms lost out after chinese consumers boytted their vehicles over a territorial dispute. they saw a slight improvement last month. total new car sales this china w
gdp, the entire economic output of the u.s. they have come down a little bit. economists think to be sustainable, budget deficits have to be in the range of 3% of economic output or a lower. the focus of this effort to reduce deficits now is on getting them, in the federal budget deficit to the range of 3% or so. that is what i mean when i say policymakers are not trying to get rid of the budget deficits. given the economic weakness, a little bit of deficit spending is probably not a terrible thing, at least in the eyes of some budget economists. i think there would be comfort in washington around 3% of gdp. getting there is a big challenge. there are problems with medicare and social security. they are facing big deficit situations. host: what motivates the creation of deductions? what about the other incentives? mortgage deduction it to encourage people to buy a home. guest: some of the deductions have been around forever, since the invention of the income tax. there has always been a deduction for interest that you paid. the government didn't think it could distinguish betwe
statement to parliament today. will be out in westminster soon. steve is out to give us more detailed analysis of what to expect. let's just go back to the eurozone. as you say, thin advances here. are we capping -- it's up against the yen as well. there's obviously been a big yen story. >> yeah, i think the euro/yen has had perhaps more to do with eu euro/dollar than anything else. the euro crosses in general have been story rather than euro/dollar and euro/yen at the forefront. i think the euro/yen forecast is overplayed in what japan will ultimately deliver on. but mum is pretty good. i think you still play for a little yen weakness. i think we'll see a lot of people trying to buy yen back because i don't think we'll get delivery in all these preelection promises. >> do we all think we know what the chancellor is going to say? >> judging by the many pages being given to it in the newspapers, you feel like what else can he say? it's not going to be a day where you'll buy sterling aggressively because most of the news is going to be bad. we're going to have lower growth. potentially
these old coots, it could be used in peace talks and could cure the common cold. unless you think i'm exaggerating, look at how the video ends. >> i have a dumb knee. and then the horse back. ride the cowboy. >> it is video prozac. you are welcome. it is too bad the house of representatives went home on break. i think that is what they need to crack the whole thing wide open. that is simpson style. >> we will see you one hour from now 10:00 p.m. eastern. piers morgan starts right now. >> tonight the top five things that america is talking about. number one, peace love and mutual understanding. >> we can't negotiate with ourselves. >> it is me. >> bob costas, did he cross the line. >> and the most outrageous royal prank over. >> hello there. could i please speak to kate please, my granddaughter? >> this is piers more dpgan ton. good evening. our big story tonight from what every one is talking about. the royal prank called heard around the world. and this shocking new york subway photograph. reports of chemical weapons in syria. let's get started with what promises to be a lively dis
. this is about ten minutes. >> good evening, welcome and thank you for joining us. my name is richard fontaine. i'm the president for the center of new american security. it's a pleasure to welcome you all here to celebrate the publication of robert kaplan's new book the reason geography what they tell us about the coming conflict in the battle against the state. i've heard it said before that you all very great author by reading his books not by buying them -- they will be sold on the stage in this room back here. bald kaplan's work is known no doubt why this audience. he's been a senior fellow and in march of 2008 a foreign correspondent for the atlantic for about a quarter of a century and is currently the chief geopolitical analyst. i first became acquainted with his writing during his book with traces of history of the tight midwesterners living and working in the middle east. and since that book, the very titles of his work goes to the coming anarchy have provoked the debate. the recent book of american power has become acquired reading by those interested in the strategic competition in th
to facebook, like us and ask your question. >> talk of the day, sirius, the company announcing a $2 billion share buy back. and it's a $2 stock, but everybody knows it. mel's gone, howard's still there. >> all right, that does it for us today, again join me on facebook after the show for office hours. right now it's time for "squawk on the street." >>> good thursday morning, welcome to "squawk on the street," i'm melissa lee live from the new york stock exchange. negative across the board, looks like we're going to lose about 8.5% on the dow. we're watching for headlines out of an ecd press report. our road map this morning starting with apple, cratering on its biggest decline yesterday on four years, closing just pennies off the lows of the session. the stock continues lower premarket as investors watch the death cross watch. >> a cnbc exclusive, tim geithner says over the cliff is a must. >> bank of england and ecb keeps rates unchanged. europe continues to hang in there economically. >> and nat gas gets a boost. the government finds exporting it is better than keeping it here at home. >>
the u.s. dollar by about .4%. proxy there for global growth prospects. the dollar/yen is weaker by about .25%. this as markets digest the news out of the boj and gauge whether they'll be successful in boosting inflation ultimately. the euro/dollar, 1.3221. so for trading in asia, just how japan, china and the rest have been affected by fiscal cliff news, diedra morris is join onning us with plenty more. hi. >> hey, kelly. it was a bit of a rude awaking. a lot of these indexes were on their way to gains and then we had the fiscal cliff setback. we had news that john boehner's plan b failed. this all turned red and this is where we ended. the nikkei 225 coming back from that huge rally that we have seen over the last five weeks shedding 1%. the exporters hurt here because the dollar/yen was lower. it has regained some ground in the last few hours or so. the kospi shedding about 1%. blame politicians in the u.s. and blame heavyweight samsung. this accounts for some 20% of market value on the kospi index. down 4%. that hurt the broader markets. this is, of course, because eu regulators are p
happening in syria with the use of chemical weapons. somebody else has a threat of using a similar weapon. as a gun owner. you have to be able to protect yourself. if you are damaged and you are willing to take somebody else's life. that comes down to that person is not going to obey the gun laws. they are going to find a gun or find another weapon. >> stretching and shooting to syria and chemical weapons seems like a bit of a stretch. the implications of that is that every american should have access to chemical weapons and nuclear weapons. it will result in weapons ownership. look at europe and the rest of the world. we are way, way out there. we have the highest murder rate in the world. >> abbey, here is what they say to me. each time it is the same debate and nothing gets done about it. 300 million guns and you have between 11 and 12,000 guns and murders a year. britain has 35 as does germany and australia. to countries that have strict gun kcontrol have little gun murder. i think carole had it right. she said it is about personal responsibility. that is the most important part. it i
't happen again. >> clifton truman daniel will join us to discuss the inspiration for his trip sunday at 9:00 p.m. eastern on c-span3. >> a report by the group securing america's future energy says the greatest threat to national and economic security is dependence on foreign oil. members of the group, business political and retired military leaders are suggesting a plan of maximizing oil and gas production, reducing consumption, and improving conservation as a way to boost revenue and reduce our debt. this is a little less than an hour and a half. >> good morning, everyone. thank you all for coming. i especially want to thank the members of the leadership council that could be with us here today. they've been a distinguished group of people working on this issue since 2006. we're nothing without their credibility as the great c.e.o.'s, entrepreneurs and military leaders of our time. i also want to give a special thanks to the staff at securing america's future energy. really we stand on their shoulders, all of us, and the hard work that they -- and the time that they spent to put these re
. the only reason they're not going to use it is because somebody else, the u.s., has a similar threat of using a similar weapon. as a gun owner, you have to be able to protect yourself. if you are damaged and you are willing to take somebody else's life. that comes down to that person is not going to obey the gun laws. they are going to find a gun or find another weapon. >> i've heard of some stretches, in my time. but stretching from javon belcher and the shooting in syria and chemical weapons seems like a bit of a stretch. the implications of that is that every american should have access to chemical weapons and nuclear weapons. it will result in weapons ownership. look at europe. look at japan. look at the rest of the world. we are way, way out there. we have the highest murder rate in the world. it hasn't protected us. it has resulted in arguments that should have a consequence of maybe a slap in the face, resulting in a bullet through the heart. it results in a double-murder in this case, a murder/suicide. guns don't protect. they cause suicide. >> let me bring in -- >> they caus
later, we will discuss the recent increase in u.s. manufacturing. we will also take your calls, e- mails and tweets. "washington journal" is next. host: good morning, it's wednesday, december 19, 2012. the white house has thrown its support behind several gun- control measures on tuesday in the wake of the shooting rampage in newtown, connecticut. a state department inquiry into the september 11 terror attack in benghazi, libya, criticized the agency harshly for inadequate security that -- but specificrecommend signi individuals. and we begin today in on the details of john boehner's plan to avoid the fiscal cliff. we want to hear from you. how optimistic are you that a compromise can still be reached before the end of the year? give us a call -- and you can get up with us on all your social media web sites on facebook and twitter, or e- mail us. a very good morning to you. i want to take you to the lead story in today's washington post. that was today's washington post. here's the headlines from "politico" today. i want to take you to speaker john boehner's comments on the state
businesses major corporations. what can we do for you? >> and now, "bbc world news." >> can u.s. politicians reached a deal to stop tax rises in spending cuts from damaging the american and the global economy? hillary clinton is being treated at this hospital in new york. she has a blood clot. there's concern over the health of the venezuelan president who has suffered complications after cancer surgery in cuba. walk into bbc world news. coming up, and look back at the british troops as they prepared handover to afghan forces. new zealand becomes the first major city to welcome 2013. time is running out for politicians in the united states to strike a deal to prevent the economy from going over the so- called fiscal cliff. that is when a package of automatic spending cuts and tax rises comes into fact which could set the country back into recession. that less than 20 hours into the generate the first deadline. >> as night descended on washington, no deal precentors went home with a low over 24 hours to go before the huge austerity package known as the fiscal cliff, something almost nobody wa
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